BATTERIES MAKERS * USA -
* Massachusetts - A123 Systems Rises After Tata Battery Agreement
Waltham,MASS,USA -Bloomberg, by Mark Clothier -Mar 1, 2012: -- A123 Systems Inc. rose after the maker of batteries for electric cars and trucks said it will supply packs for Tata Motors Ltd.’s commercial vehicles... Tata, India’s largest automaker, will use the lithium-ion battery packs on hybrid diesel-electric city transit buses in the second half of the year... A123 supplies batteries for automakers such as Fisker Automotive Inc., General Motors Co. (GM) and Daimler AG... Fisker, A123’s largest customer, said Feb. 6 that it stopped working on its Wilmington, Delaware, plant after the U.S. Energy Department blocked access to a federal loan, citing unmet milestones... Fisker said Feb. 28 it hired Tom LaSorda, a past president of the predecessor of Chrysler Group LLC, as chief executive officer...
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